 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1968 - 922 pages
...or lose on sales or exchanges in connection with certain liquidations (a) General rale. — If — (1) a corporation adopts a plan of complete liquidation...meet claims, then no gain or loss shall be recognized to snch corporation from the sal* or exchange by it of property within such 12-month period. • 65... | |
 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1962 - 964 pages
...Gain or loss on sales or exchanges in connection with certain liquidations. (a) General rule. If— (1) a corporation adopts a plan of complete liquidation...liquidation, less assets retained to meet claims, then no gam or loss shall be recognized to such corporation from the sale or exchange by it of property within... | |
 | United States - Law - 1965 - 1110 pages
...manner as the Secretary or his delegate may by regulations prescribe) to have this subsection apply, then no gain or loss shall be recognized to such corporation from the sale or exchange by It of property during the calendar year 1954. (2) Certain provisions of section 337 made applicable. For purposes... | |
 | Administrative law - 1969 - 268 pages
...General rule. If — (1) A corporation adopts a plan of com¡plete liquidation on or after June 22, 1964, (2) Within the 12-month period beginning on the date...meet claims, then no gain or loss shall be recognized to .euch corporation from the sale or exchange by It of property within such 12-month .period. (b)... | |
 | United States. Internal Revenue Service - Tax administration and procedure - 1963 - 1436 pages
...general rule that, if a corporation adopts a plan of complete liquidation on or after June 22, 1954, and, within the 12-month period beginning on the date of...exchange by it of property within such 12-month period. Section 1.337-2 (b) of the Income Tax Regulations provides, in part, that the nonrecognition provisions... | |
 | United States. Internal Revenue Service - Tax administration and procedure - 1967 - 1510 pages
...or after June 22, 1954, and, within the 12-month period beginning on the date of the adoption of the plan, all of the assets of the corporation are distributed...liquidation, less assets retained to meet claims, no gain or loss will be recognized to such corporation from the sale or exchange by it of property... | |
 | Wisconsin - Bills, Private - 1955 - 850 pages
...CERTAIN LIQUIDATIONS. (1) GENERAL RULE. If a corporation adopts a plan of complete liquidation, and within the 12-month period beginning on the date of...exchange by it of property within such 12month period. (2) PROPERTY DEFINED, (a) In general. For purposes of sub. (1), the term "property" does not include... | |
 | Wisconsin - Session laws - 1955 - 890 pages
...CERTAIN LIQUIDATIONS. (1) GENERAL RULE. If a corporation adopts a plan of complete liquidation, and within the 12-month period beginning on the date of...exchange by it of property within such 12month period. (2) PROPERTY DEFINED, (a) In general. For purposes of sub. (1), the term "property" does not include... | |
 | United States. Congress. House. Committee on Ways and Means - Taxation - 1958 - 1176 pages
...If— "(A) a corporation adopts a plan of complete liquidation on or after June 22, 1954, and "(B) within the 12-month period beginning on the date of...exchange by it of property within such 12-month period. A distribution to shareholders of such corporation within such 12-month period of all beneficial interest... | |
 | United States. Congress. House. Committee on Ways and Means - Corporations - 1959 - 1064 pages
...If— "(A) a corporation adopts a plan of complete liquidation on or after June 22, 1954, and " ( B ) within the 12-month period beginning on the date of...complete liquidation, less assets retained to meet claims (including claims of dissenting stockholders), "(A) a compulsory or involuntary conversion described... | |
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June 22, 1954, and (2) Within the 12-month period beginning on the date of the adoption of such plan, all of the assets of the corporation are distributed in complete liquidation, less assets retained to meet claims, then no gain or loss shall be recognized... 
